Retail in Asia

In People

Woolworths CEO pay rises to USD4.7m

Woolworths boss Grant O’Brien’s annual pay has grown 10 percent to AUD5.3 million (USD4.7m).

The head of the supermarket giant stands to receive another pay rise in the year ahead, with the company lifting O’Brien’s potential cash bonus to match those offered by other publicly listed companies.

O’Brien was paid a salary of AUD2.3 million in the 2013/14 financial year, plus a cash bonus of AUD2.06 million and more than AUD858,000 worth of shares.